Question: Assuming that the perpetual inventory method is used and costs are computed at the time of each withdrawal, what is the value of the ending

Assuming that the perpetual inventory method is used and costs are

Assuming that the perpetual inventory method is used and costs are computed at the time of each withdrawal, what is the value of the ending inventory at LIFO?

Inventory info. for Part 311 of Fancy Corp. discloses the following information for the month of June. 10-Jun Sold 1-Jun Balance 440 units @ $1 11-Jun Purchased 1200 units @ $2 290 units @ $2.40 760 units @ $2.50 15-Jun Sold 20-Jun Purchased 750 units @ $3 27-Jun Sold 440 units @ $2.70

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